Capital Link Developments has rolled out its first mixed-use project in the New Administrative Capital (NAC), called “Verona,” with investments estimated at EGP 700 mn, Invest-Gate reports.

Located in NAC’s Downtown District, the 2,085-square-meter center will comprise a number of medical, commercial, and administrative properties, with areas starting from 26 square meters, said Capital Link Head of Sales Ahmed Zayed in an official statement on November 1.

The Egypt-based developer seeks to offer units at competitive prices to boost sales as price per square meter at Verona range between EGP 18,000-22,000, coming with first-rate services such as solar power systems, central air-conditioners (AC), among others, Zayed pointed out.

All medical and administrative units grant fully finished and AC features, whilst commercial properties are semi-finished, he continued, noting that construction is scheduled to start on-site by year-end and conclude by 2023.

Aside from Verona, two more integrated projects, named “Solano” and “Dorrado,” are in the pipeline to encompass a wide range of administrative, commercial, and medical units, the statement revealed.

Each project would feature an identical mix of 75 offices and clinics as well as 40 shops, with estimates to be delivered by 2023, according to local media press.